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Global firms bullish on growth despite geopolitical uncertainty: EY

Samantha Chiew Published on Wed, Jun 07, 2017 / 4:22 PM GMT+8

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SINGAPORE (June 7): Even with current geopolitical uncertainties including Brexit, increasing populism, the rise of automation and skilled talent shortages, global middle market organisations – or companies with annual revenues of US$1 million to US$3 billion ($1.4 million to $4.1 billion) – are showing no signs of slowing down.

Rather, 89% of executives see these uncertainties as grounds for growth opportunities while 14% of all companies surveyed have current year growth ambitions of more than 16%.

These were the findings made by EY Growth Barometer, the first-of-its-kind survey of 2,340 middle market executives across 30 countries.

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Global firms bullish on growth despite geopolitical uncertainty: EY